get the feeling it will suck tbh, stargate was great up until the last couple of series where idea's were lacking, writing was poor, enemies were weak and was overall a let down. IE, i can see that continuing on a new game now. My guess would be too many appearances by the crappier cast members, to much trying to make them part of the story and not going for original stories. but i could be wrong, but based on how the FPS got quite a way in then completely canned, the series itself was canned as they had no where to go with it, and this game has been delayed again with no one realistically expecting to see it in 2008 at the moment. IT has canceled in 2008 written all over it.
Also, atlantis is a big pile of balls, first series was ok/good. rest has sucked.
Personally i think due to the massively long series and having no where to go a stupidly long MMO will be horribly drawn out where a FPS with limited storyline/length would have been freaking awesome to play. Problem is companies see the amount of money WOW is raking in and want to turn any franchise that will, even if crap, keep a decent amount of people paying subs for 2-3 years, into an MMO.
A brand new MMO has only its gameplay to attract players, a franchise made into an MMO has an automatic income even if its fairly crap. Lotro would have had thousands of subscribers even if it was awful, but they actually put effort into it and still are.